Mercury Nz Share Price and Company Fundamentals



Price
$4.93
Change
0.130 (2.708%)
52 week
4.7 - 6.26

Last traded: Today at 3:43 AM

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; five wind plants; and five geothermal generation stations in the central North Island. The company sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Trustpower, and Mercury brands. It also provides piped natural gas; and telecommunication and other products and services. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. Mercury NZ Limited was incorporated in 1998 and is based in Auckland, New Zealand.

Key Metrics

PE ratio

16.34

PB ratio

1.63

Dividend yield

4.17%

Beta

0.51

Market cap

-

Enterprise value

-

Company profile

Primary activitiesElectricity generation and electricity retailing.
Industry / SectorUtilities—Renewable / Utilities
Full time employees1335
Websitehttps://www.mercury.co.nz
Mailing address33 Broadway Newmarket Auckland 1023 New Zealand
Phone / Fax64 27 517 3470 /
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Mercury Nz Dividend history, yield and payout ratio

Dividend yield

4.17%

Dividend amount

$0.20

Payout ratio

53.44%

5Y Avg. yield

3.55%

Mercury Nz paid $0.20 dividend and the ex-dividend date was 14 Sept 2022.The dividend payout ratio is 53.44%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MCY dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MCY's forward dividend amount is $0.18 and the forward dividend yield is 3.73%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Mercury Nz.

NameTitleAgeTotal Pay
Mr. Vincent John James Hawksworth C.ENG, MBA, MIMinEChief Exec. Officer621.01M
Mr. William Meek BCom (Hons)Chief Financial Officer
Mr. Tim ThompsonHead of Treasury & Investor Relations
Mr. Howard ThomasCompany Sec. & Gen. Counsel
Ms. Shannon GoldstoneHead of Communications
Ms. Julia Evelyn JackChief Marketing Officer
Ms. Marlene Strawson BSocSc, MMgt (HR)Gen. Mang. of People & Performance
Ms. Lucy DrummondGen. Mang. of Sustainability
Dennis RadichMang. of Generation Devel.

Profitability and management effectiveness

Profit margin

21.44%

Operating margin

13.16%

Return on assets

2.04%

Return on equity

10.49%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mercury Nz is and its enterprise value is .

The MCY's stocks Beta value is 0.51 making it 49% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Mercury Nz (MCY)

Mercury Nz (ASX:MCY) Frequently Asked Questions

1. What is Mercury Nz's Stock Symbol?

Mercury Nz trades on ASX under the ticker symbol "MCY".

2. What is Mercury Nz's stock price today?

One share of MCY stock can currently be purchased for approximately $4.93.

3. How can I contact Mercury Nz?

Mercury Nz's mailing address is 33 Broadway Newmarket Auckland 1023 New Zealand. The company can be reached via phone at 64 27 517 3470.

4. What is Mercury Nz's official website?

The official website of Mercury Nz is https://www.mercury.co.nz.

5. Which share registry manages Mercury Nz's stock?

Mercury Nz's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.